Top Stories

Couple arrested for stealing cryptocurrency, more than 94000 bitcoins recovered


Bitcoin Latest News: The US Justice Department announced on Tuesday that it has recovered more than 94,000 bitcoins stolen in 2016. A record seizure, currently valued at $3.6 billion. At present, its value is being said to be $ 3.6 billion. The department said a couple who tried to launder bitcoins were arrested in New York.

Ilya Lichtenstein, 34, and his wife Heather Morgan, 31, were to appear in federal court over the charges. Lichtenstein and Morgan reportedly tried to make money with 119,754 bitcoins. At that time their price was $ 65 million. These were stolen in 2016 during the hack of the virtual currency exchange Bitfinex.

Biggest financial seizure ever
“Today’s arrest and the department’s largest financial seizure to date demonstrate that cryptocurrencies are not a safe haven for criminals,” Deputy Attorney General Lisa Monaco said in a statement. According to court documents, some of the stolen cryptocurrencies were sent to a digital wallet controlled by Lichtenstein, who describes himself on social media as “technology entrepreneurs, coders and investors.”

After this, in the last five years, a very complex series of transactions was also prepared to withdraw about 25,000 bitcoins from the wallet. The money was used to buy things like gold or digital NFTs. The remaining bitcoins were recovered by US investigators last week. He called upon the victims of theft to come forward and compensate for their loss.

Read also:

Freedom to terrorist groups in Afghanistan is highest in recent times, revealed in UN report

Pakistan News: Because of this, a Hindu college teacher was sentenced to life imprisonment in Pakistan

,

Leave a Reply

Your email address will not be published. Required fields are marked *